Share Name Share Symbol Market Type Share ISIN Share Description
Carrs Group LSE:CARR London Ordinary Share GB00BRK01058 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.00p +1.32% 154.00p 151.50p 156.50p 156.50p 152.00p 152.00p 10,927 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 346.2 10.0 7.7 20.0 140.76

Carrs Group Share Discussion Threads

Showing 101 to 124 of 125 messages
Chat Pages: 5  4  3  2  1
DateSubjectAuthorDiscuss
21/9/2018
10:35
hound - I agree. All products that they can sell alongside their feedblocks globally and also through their UK retail chains. I like the way that they are investing in building both the Agri and Engineering businesses. The Milling deal shows that they are not averse to selling businesses once they cannot take them any further but at the moment they do appear to be a good job with both divisions. It's at the top of my buy list and I will add more shares on any price weakness, cheers
illiswilgig
21/9/2018
09:01
I maybe guilty of a little confirmation bias here, but it looks to be a logical / complementary deal?
value hound
18/7/2018
11:42
A very brief update from Edison concludes thusly:- Valuation: Trading at a discount to peers Following the estimates upgrade, our updated DCF analysis gives an indicative value of 178p/share (previously 169p). At the current share price, Carr’s is trading below its peers with regards to mean P/E (12.6x vs. 14.5x) for the year ending August 2018. Continued recovery in the US feed block market and further confirmation of the Engineering upturn should help close the valuation gap.
cwa1
18/7/2018
07:54
Indeed, very solid and encouraging.
cwa1
18/7/2018
07:37
Well we couldn't ask for much more than that, and this news obviously leaked somewhere late afternoon yesterday. By Carr's historic standards, today's statement is positively gushing. They're usually downbeat even when things are going pretty well in my experience. Surely worth £2.
value hound
11/7/2018
13:00
I was talking to a farmer last weekend. He said that with the bad winter just gone, he had to buy in a lot of animal feed back then. Now with the long hot spell this summer, they aren't getting much hay to harvest, so expects to have to buy in a lot more animal feed later on in the year.
gustavfenk
26/6/2018
14:51
26/06/2018 1:40pm Dow Jones News By Alberto Delclaux Electricite de France SA (EDF.FR) said Tuesday that it has acquired Oreka Solutions, a startup which offers 3D simulations used for decommissioning of nuclear facilities. "Oreka Solutions has brought additional skills in digital simulation into the EDF Group, which will benefit the nine dismantling sites in progress in France," Sylvain Granger, director for dismantling and waste management projects, said. EDF bought Oreka on May 17 through subsidiary EDF Nouveaux Business, it said. Financial details weren't disclosed. Write to Alberto Delclaux at alberto.delclaux@dowjones.com (END) Dow Jones Newswires June 26, 2018 08:25 ET (12:25 GMT) Copyright (c) 2018 Dow Jones & Company, Inc.
shawzie
22/6/2018
13:41
Perhaps the engineering business would be of interest to the Wood Group which seems to be interested in the decommissioning of nuclear power stations.
shawzie
28/4/2018
09:40
LOL they had the same auditor for 109 years, not the same person though!
ntv
28/4/2018
08:33
There is a legal requirement to review the position of auditor, after a number of years in the job. The feeling is that it is appropriate for a shakeup after a few years, complacency and being too cosy a relationship between the two parties.
redartbmud
28/4/2018
08:21
why change the auditor after all these years?
ntv
16/4/2018
17:58
Cannot follow your logic parkway, the variability and general flakiness of the agribusiness side weighs down on the exciting robotic-handling and precision engineering side. Thus the muddled hotch potch is undervalued by the market and makes no sense. A split or sell-off would be highly value enhancing. This is in addition to management not being up to steering two such wildly different businesses.
dozey3
16/4/2018
15:39
I think they are on for £20m ebitda this year.
thevaluehunter
16/4/2018
11:56
Yes H2 food and fuel likely be a benefit from March extremely cold weather. H1 PBT is already ahead of the full year and last year and H2 was very weak vs last year so should be a decent full year.
thevaluehunter
16/4/2018
11:46
H1 sales reflect the bad winter for farmers in the UK and the need for Caltech's low moisture block feed supplement, together with the improved store cattle values in the US making Smartlic blocks affordable. The problem with Agric. sales is the dependence on weather and the ability to pay for supplements like this (whether that be due to market prices or Govt. subsidies which most UK sheep farmers are totally dependent on. Good to see the Chairman and CEO making changes to the Engineering division both in acquisition and strengthening senior management. Now that Flour has gone the two divisions can help iron out some of the highs and lows, especially with the uncertain future of British agriculture after Brexit and the ending of the generous EU subsidies. The worst mistake would be to separate these two divisions just yet.
parkway14
16/4/2018
11:15
Also a breakout from the trading range on the chart.
thevaluehunter
16/4/2018
10:33
For the second half in H2 2016 they did Sales £162m ebitda £7.3m then H2 2017 Sales £169m, ebitda £3.8m. I would hope they will be ahead of £7.3m given they are well ahead of the last 2 years for H1.
thevaluehunter
16/4/2018
10:25
Thanks - that's helpful ! So they look on course to do 12p + for the year.
twistednik
16/4/2018
10:22
They are H1 seasonal due to winter feed demand. FY forecast was 12.0p vs 8.9p last year prior to any upgrades after today's ahead statement.
wjccghcc
16/4/2018
09:26
EPS for H1 looks strong at 9.2 vs 7.1 last year. Anyone know what the expectations are for H2 and the impact of seasonality on revenues / profit? Sorry if this is an obvious question but I'm new to this one !
twistednik
16/4/2018
08:41
Each completely unrelated half would be worth more split off from the other. When will management bite the bullet? Yeah, I know, turkeys and Christmas.
dozey3
16/4/2018
08:40
good results happy to hold for the finals would prefer no placing to expand and just let the company grow agriculture looks ok at the moment and maybe going through a bull phase so could be a good couple years worth keeping an eye on US prices
ntv
16/4/2018
07:44
Excellent results, materially undervalued IMO. I think it's worth more like £180m / 197p a share, but it will never get there as the business is always going to be patchy in performance - so one to forget about and take the yield from for me.
value hound
16/4/2018
07:40
https://uk.advfn.com/stock-market/london/carrs-group-CARR/share-news/Carrs-Group-PLC-Interim-Results/77179340 im Davies, Chief Executive Officer, commented: "We are very pleased with the performance of the Group during the first half of the year, which slightly exceeded the Board's expectations for the period. This strong performance demonstrates the excellent recovery made in our Engineering division and builds upon the strategic progress made during the last year. In UK Agriculture, we now have greater visibility on the impact Brexit may have in relation to direct payments to farmers in the near term, although uncertainty remains on the issue of trade agreements both within the EU and the rest of the world. The clarity relating to direct support, together with improving farm incomes, means we are starting to see renewed confidence in the outlook for the industry. Our Engineering business is recovering well and we have strengthened management to drive further growth. Trading in the second half has started well and the Board now anticipates that trading for the full year will be slightly ahead of its previous expectations. We are confident that our breadth of product offering, investments in acquisitions and research, and our international footprint leaves us well positioned for further growth across both our divisions in the medium term."
cwa1
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